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in '09 he had the navy pay $424 a gallon for 20,000 gallons. that is fuel on the market you could buy for $3 a gallon. $424 a gallon. in mind, this president has had a war on our defense system. he disarmed america. he has done away with our brigade combat teams, our ships, our f-22s, c-17s, future combat systems. he uses the excuse. no, i have not reduced the budget for the defense. but what he has done, melissa is move his green agenda into the, under the defense so we're paying for all this. now, senator mccain and i took this out. we had two changes that we made in the law to keep them from doing that. one was a section that said you can no longer use our readiness dollars to buy all this fuel and all this stuff. and then, we also have had a prohibition against using defense dollars to build refineries. that can be done in the private sector. well on the floor there was an amendment, pretty much down party lines. mark udall had one amendment and hagen had the other one, to kill our efforts, to keep them from using our defense dollars for a
in '09 he had the navy pay $424 a gallon for 20,000 gallons. that is fuel on the market you could buy for $3 a gallon. $424 a gallon. in mind, this president has had a war on our defense system. he disarmed america. he has done away with our brigade combat teams, our ships, our f-22s, c-17s, future combat systems. he uses the excuse. no, i have not reduced the budget for the defense. but what he has done, melissa is move his green agenda into the, under the defense so we're paying for all this....
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do to the navy. it will take the navy and drive it down to the smallest force it has had since prior to world war one. not world war ii, lou. world war one. lou: you know, i'm sorry, admiral. when governor romney said that, pointed that out to president obama in the debate, he was -- we had horses and bayonets, too. he seemed to make light of that. how important is it can you give us a sense of the impact? >> i think the president's comment is showing his inexperience in military matters. in this particular case we are going down to 220 ships. to put that number in perspective, i had 2505 ships under my command in the pacific fleet's. 20 percent of those 220 ships will be the literal combat ships which basically have no offensive or defensive capability. we are going to be challenged where we show weakness. and let me give you an example. just today china announced effective january 1 they have authorized their paramilitary naval forces and their police to stop all vessels in the south china sea that
do to the navy. it will take the navy and drive it down to the smallest force it has had since prior to world war one. not world war ii, lou. world war one. lou: you know, i'm sorry, admiral. when governor romney said that, pointed that out to president obama in the debate, he was -- we had horses and bayonets, too. he seemed to make light of that. how important is it can you give us a sense of the impact? >> i think the president's comment is showing his inexperience in military matters....
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on the side of that boston will be up there in new york next week the arm navy gme. that ad in the mdle of the program. i have t say, the army. lou: i he k t. mcfarlan and a host of olks, adiral jmes lyons, they're going to be riht with you on that. >> youot it to my brother. it will be a geat game, no afford to being in new york with you on monda. u: the floor to it. you can get a copy of euos proved on-line or at bookstores now. to ludobbs.com to get a link that will work as well. twen-seven days until the fiscal cliff. president oama and the peaker still t negotiating. are they serious about solvi this crisis? the "a-team". they join us in momnts. obamacare at least one year away from full implementation but you don't have to wait for the tax hikes. $317 billi in new axes. set to kkick in january 1st. and we will show you the latet increase brought to you by the people who creat obamacare . get ready for amagedon. is amera rely headed t help? is there any way tostop the document author of after america, mark stein joins me next. ♪ the capital one ca rewards card
on the side of that boston will be up there in new york next week the arm navy gme. that ad in the mdle of the program. i have t say, the army. lou: i he k t. mcfarlan and a host of olks, adiral jmes lyons, they're going to be riht with you on that. >> youot it to my brother. it will be a geat game, no afford to being in new york with you on monda. u: the floor to it. you can get a copy of euos proved on-line or at bookstores now. to ludobbs.com to get a link that will work as well....
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the army navy game. that ad in the middle of the program. i have to say, the army. lou: i have k t. mcfarland and a host of folks, admiral james lyons, they're going to be right with you on that. >> you got it to my brother. it will be a great game, no afford to being in new york with you on monday. lou: the floor to it. you can get a copy of euros proved on-line or at bookstores now. go to loudobbs.com to get a link that will work as well. twenty-seven days until the fiscal cliff. president obama and the speaker still not negotiating. are they serious about solving this crisis? the "a-team". they join us in moments. obamacare at least one year away from full implementation. but you don't have to wait for the tax hikes. $317 billion in new taxes. set to kick in january 1st. and we will show you the latest tax increase brought to you by the people who created obamacare . get ready for armageddon. is america reelly headed to help? is there any way to stop the document author of after america, mark stein joins me next. ♪ ♪ lou: welcome all fundamental dishonesty at the heart of ame
the army navy game. that ad in the middle of the program. i have to say, the army. lou: i have k t. mcfarland and a host of folks, admiral james lyons, they're going to be right with you on that. >> you got it to my brother. it will be a great game, no afford to being in new york with you on monday. lou: the floor to it. you can get a copy of euros proved on-line or at bookstores now. go to loudobbs.com to get a link that will work as well. twenty-seven days until the fiscal cliff....
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despite banana republic and old navy under their umbrella, but is not a good sign with many other retailers doing so well coming up with numbers and sales that are stellar. david: hewlett-packard, carl icahn, definitely the rumors are affecting the stock, what is going on? nicole: hewlett-packard goo a big pop because we saw after the investor carl icahn was buying options or getting in there some way shape or form in hewlett-packard became a top performer on the dow jones industrial. liz: let's talk about other a cap tech names. this is a company that has actually found a little bit more firm footing lately. >> right. he noted they had a firmer footing these days, but also getting an upgrade didn't help because at a price target of a $24 with a buy rating helping it along. the tech did really well. but what hewlett-packard, cisco systems. an apple from negative to positive to negative really giving it a shot. david: always look about what stock really parallels the economy in general. one stock i always look at is a federal express because people are shipping things the more people shop on
despite banana republic and old navy under their umbrella, but is not a good sign with many other retailers doing so well coming up with numbers and sales that are stellar. david: hewlett-packard, carl icahn, definitely the rumors are affecting the stock, what is going on? nicole: hewlett-packard goo a big pop because we saw after the investor carl icahn was buying options or getting in there some way shape or form in hewlett-packard became a top performer on the dow jones industrial. liz:...
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navy you can finally become a farmville addict. dagen: i hate it. i have never been interested in gambling. i love vegas, do not gamble. connell: thank you, shibani. dagen: give me a little bit of credit. connell: a quarter till the hour. nicole petallides is back to talk about the markets. nicole: we have a company here speeding up some dividend and share repurchase. let's take a look at satellite radio sirius xm. the stock has been up all morning. they approved a $2 billion common stock repurchase program. also, the fact that they declared a special cash dividend at five cents a share on common stock. that will be available on december 28. not january when the prices go up. they are getting that in. almost 200 companies have done exactly that. here is a look at it right now. of 2%. a winning day on wall street. the tech heavy nasdaq is up. connell: some sports coming up. kobe bryant making nba history for the lakers. dagen: profiting. one of the biggest nail polish companies in the world. how is business in this economy? let's take a look at some
navy you can finally become a farmville addict. dagen: i hate it. i have never been interested in gambling. i love vegas, do not gamble. connell: thank you, shibani. dagen: give me a little bit of credit. connell: a quarter till the hour. nicole petallides is back to talk about the markets. nicole: we have a company here speeding up some dividend and share repurchase. let's take a look at satellite radio sirius xm. the stock has been up all morning. they approved a $2 billion common stock...
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that's a loss of 4 1/4% for the gap and under the umbrella is banana republic and old navy. stuart: i remember the gap when it emerged in the 1970s. nicole, do you shop at the gap, yes or no? nicole: i don't shop that much. i would shop there if, you know -- i don't really shop -- stuart: so you don't. thank you, nicole. that's a no. nicole: yes i would go there. sandra: i haven't set foot in a gap in at least seven years. >> i like the pajamas. nicole: you are leaving out their best brand, the banana republic. ask the question again. i would go to banana republic more. sandra: it's not just the gap stores is what she's saying. stuart: are they all together? >> under the same umbrella. stuart: who knew? thank you, everybody. >>> we have been talking about the right to work battle in michigan all morning. former nlrb chairman is here with us on that subject. peter, it's going to happen, isn't it? they are going to be right to work, and i want to know -- you're an expert in the labor field. is this going to spread to other midwestern industrial pro union states, do you think?
that's a loss of 4 1/4% for the gap and under the umbrella is banana republic and old navy. stuart: i remember the gap when it emerged in the 1970s. nicole, do you shop at the gap, yes or no? nicole: i don't shop that much. i would shop there if, you know -- i don't really shop -- stuart: so you don't. thank you, nicole. that's a no. nicole: yes i would go there. sandra: i haven't set foot in a gap in at least seven years. >> i like the pajamas. nicole: you are leaving out their best...
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a navy seal dead after u.s. and nato operation could not a doctorate in eastern afghanistan. a member of the seal team six elite unit known to take out usama bin laden. the ducks american was safely removed after being held by the taliban. egyptian government reportedly allow the military to arrest civilians. the move is an attempt to safeguard the constitutional referendum for saturday. the order was to protect violence temporarily until the referendum resulted. manufacturing has been hit hard because of u.s. sanctions. facing financial crisis in the last four years. dissuading the nation from continuing uranium enrichment. those are your headlines. back to ashley. ashley: thank you very much. holiday sales hitting record numbers, but even an upbeat shopping season won't be the saving grace for some retailers so what does that mean for your portfolio? sandra smith has a look at the winners and losers in today's "the trade." portfolio. sandra: yes, for your portfolio look at the more beaten up retailers, ones that are shining in that. the stock is on the climate the past seve
a navy seal dead after u.s. and nato operation could not a doctorate in eastern afghanistan. a member of the seal team six elite unit known to take out usama bin laden. the ducks american was safely removed after being held by the taliban. egyptian government reportedly allow the military to arrest civilians. the move is an attempt to safeguard the constitutional referendum for saturday. the order was to protect violence temporarily until the referendum resulted. manufacturing has been hit hard...